Navigating Funding and Tax Complexities for Startups

This chapter explores the Paycheck Protection Program (PPP) and its evolving guidelines, particularly for startups reapplying after initial hesitance. It highlights the intricacies of tax compliance, the relevance of R&D tax credits, and the importance of proper documentation in maintaining eligibility. Additionally, the chapter discusses the implications of nexus in determining tax obligations based on business operations across different locations, referencing significant legal cases that have impacted online sales tax regulations.